To get more information about this investigation, please contact Brian
Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com.

On January 30, 2015, Avinger had its Initial Public Offering (“IPO”) at
$13 per share. On July 12, 2016, the Company announced second quarter
revenue and lowered its sales guidance for 2016 from $25-30 million to
$19-23 million, due in part to lower than anticipated sales of its
Pantheris device. When this information was announced, Avinger’s stock
price plunged nearly 40%, from $11.43 per share to $6.89 per share.
Avinger stock has continued to decline. On May 3, 2017, the stock closed
at $0.57 per share, a decline of over 95% from the IPO price. When this
information reached the public, shares of Avinger again decreased in
value.

Lundin Law PC was founded by Brian Lundin, a securities litigator based
in Los Angeles dedicated to upholding shareholders’ rights.

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